none

AUSTRALIA REMAINS AN INNOVATION CHAMPION

10-01-2019
by 
in 

The Consumer Technology Association has announced its annual International Innovation Scorecard at CES 2019 in Las Vegas, and Australia has retained its status as an Innovation Champion – one of 16 nations out of the 61 assessed.

The scorecard, now in its second year, measures a series of 14 different objective criteria to assess the “innovation friendliness” of a nation and its legislature. The criteria include average broadband speeds, sharing economy policies, adoption of self-driving vehicles, drone regulations and the ability of a country to withstand and recover from disasters.

And while Australia’s overall ranking has fallen from third in 2018 to eighth this year, it remains in the select Innovation Champion grouping, alongside Canada, Denmark, Estonia, Finland, Germany, Israel, Luxembourg, the Netherlands, New Zealand, Norway, Singapore, Sweden, Switzerland, the UK and the USA.

Australia earned top (A+) rankings for diversity, freedom, entrepreneurial activity as well as the newly included resilience category, which measures a range of criteria including the visibility of supply chains and the strength of digital and physical infrastructure.

Negative factors included a B for environmental policies and an embarrassing B- for broadband speeds.

Announcing the Innovation Champions for 2019, CTA President and CEO Gary Shapiro said: “These countries are world-class leaders in growing innovation. When it comes to technology and policy, they value disruptive innovators. To be leaders in innovation, nations must drop protectionist rules and end barriers that limit them from creating the next great startups that will change the world for the better.”

Related news & editorials

  1. 22.03.2019
    22.03.2019
    by      In
    OMAX Corporation, a manufacturer of abrasive waterjet systems, plans to join forces with Hypertherm, a manufacturer of industrial cutting systems and software, following the signing of a definitive merger agreement that establishes OMAX as a wholly owned subsidiary of Hypertherm.
    When the agreement... Read More
  2. 22.03.2019
    22.03.2019
    by      In
    Whether trapezoidal, high helix or metric threads, lead screws in combination with nuts made of iglidur high-performance polymers ensure lubrication-free adjustment for long-lasting and smooth running. But designing the right drive solution has so far demanded the necessary knowledge in technical... Read More
  3. 22.03.2019
    22.03.2019
    by      In
    CSIRO research into the Melbourne to Brisbane Inland Rail project has found that shifting horticulture and processed agriculture, such as meat, rice and dairy products, from road to rail could reduce transport costs for the agricultural sector by an estimated $70 million per year.
    Last year,... Read More
  4. 22.03.2019
    22.03.2019
    by      In
    The executive board of German bearings manufacturer Schaeffler AG has made appointments based on decisions by the company’s supervisory board on March 1st, 2019. The executive board will continue to consist of eight managing directors and the four regional CEOs, but the new appointees will make the... Read More